Westerstrom Charitable Trust

ATLANTA, GA EIN: 58-6249967

Westerstrom Charitable Trust is a private foundation, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.9M in total assets. In 2024, it awarded 14 grants totaling $163K. Net investment income was $268K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.9M

+3.6% YoY

Annual Giving

$163K

-4.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$12K

-4.2% YoY

Under IRS private-foundation payout rules, Westerstrom Charitable Trust reported a distributable amount of $189K for 2024 — the minimum it must pay out in qualifying distributions.

About Westerstrom Charitable Trust

Based on IRS filings

Ready to take the next step with Westerstrom Charitable Trust?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $806K (100%)

States

Georgia

Cities

AlpharettaAtlantaCummingNorcrossSwainsboro

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,855,985	$2,757,705	$2,873,972
Revenue	$301,529	$91,482	$174,287
Expenses	$202,920	$207,492	$222,441
Qualifying Distributions	$168,945	$177,394	$186,927
Net Investment Income	$268,140	$61,325	$140,140
Distributable Amount	$188,533	$170,254	$177,635

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

70 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lutheran Church of the Redeemer ($25,000), Sunshine House Regional Children's Ctr ($12,000), Shepherd Spinal Center Inc ($12,000).

Recipient	Purpose	Amount
LUTHERAN CHURCH OF THE REDEEMER ATLANTA, GA	GENERAL OPERATING SUPPORT	$25,000
ALZHEIMER'S ASSOCIATION ATLANTA AREA ATLANTA, GA	GENERAL OPERATING SUPPORT	$9,000
SUNSHINE HOUSE REGIONAL CHILDREN'S CTR SWAINSBORO, GA	GENERAL OPERATING SUPPORT	$12,000
SHEPHERD SPINAL CENTER INC ATLANTA, GA	UNRESTRICTED GENERAL	$12,000
VISITING NURSE HEALTHHOSPICE OF ATLANTA ATLANTA, GA	GENERAL OPERATING SUPPORT	$12,000
ATLANTA MISSION ATLANTA, GA	GENERAL OPERATING SUPPORT	$10,000
THE SALVATION ARMY - GEORGIA DIVISION NORCROSS, GA	GENERAL OPERATING SUPPORT	$12,000
ATLANTA HUMANE SOCIETY ATLANTA, GA	GENERAL OPERATING SUPPORT	$12,000
THE ELAINE CLARK CENTER ATLANTA, GA	GENERAL OPERATING SUPPORT	$10,000
CURE CHILDHOOD CANCER ATLANTA, GA	GENERAL OPERATING SUPPORT	$9,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
LARRY B HOOKS	TRUSTEE	5	$17,779

Frequently Asked Questions

How large is Westerstrom Charitable Trust?

As of 2024, Westerstrom Charitable Trust holds $2.9M in total assets with $302K in annual revenue. It awarded 14 grants totaling $163K in 2024.

Where does Westerstrom Charitable Trust operate?

Westerstrom Charitable Trust has awarded grants in Georgia.

What size grants does Westerstrom Charitable Trust award?

In 2024, Westerstrom Charitable Trust awarded 14 grants totaling $163K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Westerstrom Charitable Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Westerstrom Charitable Trust reported a distributable amount of $189K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.